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Condensed Consolidated Statements Of Cash Flows - USD ($)
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash flows from operating activities:    
Net income (loss) $ (10,437,000) $ (7,478,000)
Adjustments to reconcile net income (loss) to cash flows used in operations:    
Depreciation 21,000 22,000
Amortization of right-of-use assets 179,000 139,000
Amortization of acquired intangible assets 107,000 105,000
Realized/unrealized (gain)/ loss in investment, related party (3,000) 2,941,000
Change in fair value of contingent consideration (200,000)
Change in fair value of warrant liabilities 3,429,000 (1,028,000)
Stock-based compensation 228,000 351,000
Allowance for credit losses 66,000 14,000
Loss on debt extinguishment 316,000
Non-cash interest expense 151,000 89,000
Changes in operating assets and liabilities:    
Accounts receivable 1,576,000 (381,000)
Other receivables, related party (165,000) 2,720,000
Prepaid expenses and other assets (119,000) (830,000)
Inventories 4,003,000 499,000
Accounts payable and related party payables (2,250,000) (792,000)
Operating lease liabilities (166,000) (134,000)
Accrued expenses and other liabilities (261,000) 274,000
Cash flows used in operating activities (3,325,000) (3,689,000)
Cash flows from investing activities    
Sales of equity investment, related party 57,000
Purchases of property and equipment (57,000) (14,000)
Cash flows provided by (used) in investing activities (14,000)
Cash flows from financing activities    
Proceeds from issuance of series B-1 preferred stock and warrants to purchase series B-3 preferred stock in a private placement, net of issuance costs 7,662,000
Payment of principal short-term debt (1,506,000)
Payments to extinguish line of credit (357,000)
Cash flows provided by financing activities 5,799,000
Net increase (decrease) in cash and cash equivalents 2,474,000 (3,703,000)
Cash, cash equivalents and restricted cash, at the beginning of the period 1,543,000 17,408,000
Cash, cash equivalents and restricted cash, at the end of the period 4,017,000 13,705,000
Supplemental disclosure of cash flow information    
Interest paid 1,173,000
Income taxes paid, net $ 22,000